Determine if each of the following plans are short term, long term, or operational.1. Participate in student organizations that will help build my practical experience and make me a more competitive candidateA. Short TermB. Long TermC. Operational2. Identify and get accepted into the program I want to attendA. Short TermB. Long TermC. Operational3. Continue developing my professional network in ways that can connect me with graduate schools, scholarships and career opportunitiesA. Short TermB. Long TermC. Operational

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?